SinoCloud Group Limited

Catalist:LYY Stock Report

Market Cap: S$2.5m

SinoCloud Group Balance Sheet Health

Financial Health criteria checks 2/6

SinoCloud Group has a total shareholder equity of HK$-57.4M and total debt of HK$25.9M, which brings its debt-to-equity ratio to -45.2%. Its total assets and total liabilities are HK$72.8M and HK$130.2M respectively.

Key information

-45.2%

Debt to equity ratio

HK$25.93m

Debt

Interest coverage ration/a
CashHK$31.00k
Equity-HK$57.36m
Total liabilitiesHK$130.17m
Total assetsHK$72.81m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: LYY has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: LYY has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: LYY has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: LYY's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable LYY has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: LYY is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 62.5% per year.


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